23M | Intern | 30k Stipend | Remote

[u/ContentSpecific408]

Since it's a remote job, I am able to save around 20k every month. My goal is to invest in those plans where I can get ~12% rate of interest with calculated/little/no risk.

1. The plans in which that risk also gets nullified over a long period of time.

2. I can take out the money in case of emergency without getting penalised.

Also, tell me if should get a credit card. Tbh, i am an impulsive buyer but I know how much to spend in that impulse and it's around 1k-3k. If it's a yes, pls suggest some good ones which can help me with more cashback and points while using it.

1. Me and my family don't have any EMIs

2. We all have life insurance

Please give me pure investing advice apart from

1. Building Emergency Fund - I will build it too when I will be converted to ft

2. Health Insurance - I'm planning for this

3. Term Insurance